Glen Burnie Bancorp (NASDAQ:GLBZ – Get Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 3,100 shares, a decline of 6.1% from the June 30th total of 3,300 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 10,300 shares, the short-interest ratio is currently 0.3 days.
Glen Burnie Bancorp Trading Down 1.2 %
NASDAQ:GLBZ opened at $4.66 on Wednesday. Glen Burnie Bancorp has a 1 year low of $3.37 and a 1 year high of $8.25. The stock has a market cap of $13.47 million, a price-to-earnings ratio of 13.31 and a beta of 0.63. The stock has a 50-day moving average price of $4.23 and a two-hundred day moving average price of $5.32.
Glen Burnie Bancorp Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 5th. Shareholders of record on Monday, July 22nd will be paid a $0.10 dividend. The ex-dividend date is Monday, July 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 8.58%. Glen Burnie Bancorp’s payout ratio is 114.29%.
Institutional Inflows and Outflows
About Glen Burnie Bancorp
Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.
Featured Articles
- Five stocks we like better than Glen Burnie Bancorp
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Invest Like Congress: 2 ETFs to Add to Your Watchlist
- High Dividend REITs: Are They an Ideal Way to Diversify?
- AI Boom or Bubble? Strategies for Success in a Volatile Sector
- Do ETFs Pay Dividends? What You Need to Know
- Oilfield Infrastructure Stock Soars Over 50% on Bold Acquisition
Receive News & Ratings for Glen Burnie Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glen Burnie Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.